This bill amends the National Housing Act to require Federal Housing Administration mortgage borrowers to pay mortgage insurance premiums only when their remaining principal balance exceeds 78% or more of the home value or sales price.

]]>2017-10-26T04:00:00ZIntroduced in House2018-05-18T18:55:24ZIntroReferral2017-10-26Financial Services Committeehsba00H11100House floor actions2Referred to the House Committee on Financial Services.IntroReferral2017-10-26Intro-HLibrary of Congress9Introduced in HouseIntroReferral2017-10-261000Library of Congress9Introduced in House3111House2017-11-0915TXFalseGonzalezDRep. Gonzalez, Vicente [D-TX-15]G0005812349G000581Vicente2017-11-09HOLMES0DCFalseNORTONDRep. Norton, Eleanor Holmes [D-DC-At Large]N000147868N0001477871ELEANOR2017-11-0930CAFalseSHERMANDRep. Sherman, Brad [D-CA-30]S0003441526S0003447832BRAD2017-11-09Diaz44CAFalseBarraganDRep. Barragan, Nanette Diaz [D-CA-44]B001300B0013002311Nanette2017-11-092PAFalseEvansDRep. Evans, Dwight [D-PA-2]E000296E0002962298Dwight2017-11-09W.5NYFalseMEEKSDRep. Meeks, Gregory W. [D-NY-5]M001137M00113715068067GREGORY2017-11-099TNFalseCohenDRep. Cohen, Steve [D-TN-9]C0010688156C0010681878Steve2018-01-18L.1ILFalseRUSHDRep. Rush, Bobby L. [D-IL-1]R0005157921R0005151003BOBBY2018-11-1431CAFalseAguilarDRep. Aguilar, Pete [D-CA-31]A0003712229A000371Pete2017-10-27T03:11:25Z115Housing and Community DevelopmentHousing finance and home ownership7840W0001871205MAXINE43CAWATERSDRep. Waters, Maxine [D-CA-43]W000187[Congressional Record Volume 163, Number 173 (Thursday, October 26, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. MAXINE WATERS of California:H.R. 4159.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 5 and Clause 18 of the UnitedStates Constitution[Page H8271]]]>1.0.0Housing and Community DevelopmentMaking FHA More Affordable Act of 20172018-11-15T08:15:35ZHouseFinancial Services Committee2017-10-26T13:03:30ZReferred toStandinghsba00Short Titles as IntroducedMaking FHA More Affordable Act of 2017Official Title as IntroducedTo limit the collection of annual premiums under the FHA program for mortgage insurance for single family housing, and for other purposes.Display TitleMaking FHA More Affordable Act of 2017(Extracted from GPO) Short Titles as IntroducedMaking FHA More Affordable Act of 20172017-10-26Referred to the House Committee on Financial Services.2017-10-264159HRtext/xmlENPursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.Congressional Research Service, Library of CongressThis file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.